In a significant shift for its operations, Woodward Inc., an aerospace and industrial systems manufacturer, has revealed plans to close its facility in Peterborough, Ontario, by August 2027. The decision, announced to employees on Tuesday, will see production transition to the company’s Krakow site, affecting approximately 165 workers. This move raises questions about the future of the local workforce and the implications for Canada’s defence sector.
Details of the Closure
Woodward Inc., headquartered in Fort Collins, Colorado, acquired the Peterborough facility from Safran in July 2025. The site has been engaged in the production of specialised electromechanical systems for the aviation industry. In a statement released to Global News, the company explained that following a thorough review of operations, financial objectives, and expected customer demand, it was determined that the Peterborough facility could not adequately support future growth.
The closure is slated for completion by August 31, 2027. Woodward acknowledged the significant impact this decision would have on its employees, stating, “We recognise the real impact this move has on the people working at our Peterborough site and are committed to managing the transition thoughtfully and respectfully.”
Contrasting Perspectives
This announcement starkly contrasts the optimistic outlook provided by federal Defence Minister David McGuinty and Peterborough MP Emma Harrison during their visit to the facility in November 2025. At that time, McGuinty highlighted the potential for growth and increased federal investment in defence, painting a hopeful picture for the future of the site.
The decision to relocate operations has sparked concerns within the local community, particularly among those who had been buoyed by the government’s assurances regarding the facility’s prospects.
Transitioning Operations to Krakow
Woodward plans to implement the move to Krakow in phases, ensuring that production capabilities are fully transferred to the Polish facility. The company asserted that Krakow is well-positioned to serve European customers and has better access to key suppliers.
As part of the transition, engineering support currently based in Peterborough will also be relocated to Krakow and Sofia, Bulgaria. Woodward has communicated with the union representing its employees in Peterborough, promising to engage in good faith during the transition process and adhere to all relevant legal requirements.
Why it Matters
The closure of Woodward’s Ontario facility not only poses challenges for the affected employees but also highlights broader trends affecting the Canadian manufacturing landscape, particularly in the aerospace and defence industries. As companies increasingly seek to consolidate operations and reduce costs, local communities may face significant economic repercussions. This decision underscores the need for proactive measures to safeguard jobs and ensure that Canada remains competitive in the global market. The potential loss of skilled jobs in Peterborough could resonate throughout the region, necessitating urgent discussions on workforce development and economic resilience.
